M8 does the boardroom shake

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TORONTO -- Canadian movie producer M8 Entertainment has shaken up its boardroom, announcing the resignation of company chairman Sammy Lee and fellow director Antony Chui.

Montreal-based M8, formerly known as MDP Worldwide Entertainment, said Friday that Devin Cutler, vp of finance, has been named to the board of directors. In addition, Montreal-based Louis Gascon, who resigned as a director last January, is returning to the board.

Those additions come as Lee and Chui, both Hong Kong-based investors who joined the M8 Entertainment boardroom in 2002, offered their resignations.

The Canadian producer said that the management post of chairman, which Lee assumed in 2004, will not be filled. In addition, Stewart Hall, president of M8 Entertainment, will now sit in the company's boardroom alongside Cutler and Gascon.

"We wish to thank Mr. Lee and Mr. Chiu for their dedicated service to M8 Entertainment and its shareholders, and we wish them all of the best in their future endeavors," Cutler said in a statement.

M8 Entertainment's film credits include "Monster," which won Charlize Theron an Oscar for best actress, and Mike Binder's "The Upside of Anger."

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